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Bio-polylactic Acid (PLA) Films Market by Technology (Sol-Gel, Atomic Layer Deposition, and Multilayer) and End User (Food & Beverages, Home & Personal Care, Pharmaceuticals, Agriculture, and Others) - Global Opportunity Analysis and Industry Forecast, 2017-2023 Update Available On-Demand
| A02927 | Pages: 195 | Aug 2017 | 8510 Views | | |
| Author(s) : Yash Doshi | Tables: 100 | Charts: 31 | Formats*: | |
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Request Now !Bio-polylactic Acid (PLA) Films Market Overview:
Global Bio-PLA Films Market was valued at $354 million in 2016, and is anticipated to reach $910 million by 2023, growing at a CAGR of 14.5% from 2017 to 2023. The use of bio-based materials as food packaging materials is on a continuous rise, owing to their advantages over fossil-based plastics, such as use of renewable resources in their production and, in many cases, the biodegradability and/or compostability of the finished product, which offers an alternative to disposal in landfills. The most common bio-based plastic synthesized from bio-based monomer is polylactic acid.
PLA is an aliphatic polyester produced by the polymerization of lactic acid (2-hydroxypropionic acid). Lactic acid can be produced synthetically from hydrogen cyanide and acetaldehyde, or naturally by anaerobic fermentation by bacteria or certain fungi of carbon substrates, either pure (e.g., glucose and sucrose) or impure (e.g., starch). Bio-PLA films can hold creases or twists, a property normally lacking in plastic films. The physical properties of PLA make it an ideal candidate for replacement of fossil-based plastics in several application areas of low-density polyethylene (LDPE), high-density polyethylene (HDPE), polypropylene (PP), and polyethylene terephthalate (PET).
Positive growth indicators in the food & beverage industry and increase in demand for food packaging for prolonged preservation drive the bio-PLA films market. Moreover, rapid adoption of these films as a synthetic plastic in agricultural applications, such as cultivation of soft fruits and vegetables, has reduced harsh environmental impacts, leading to market growth. However, high product cost in comparison with synthetic and semi-synthetic films restrains the growth. In addition, relatively low vapor barrier and mechanical properties of the product may hamper industry growth in the future.
The report emphasizes on the different type of technologies used in the market, which include sol-gel, atomic layer deposition (ALD), and multilayer. Based on end user, the market is classified into food & beverages, home & personal care, pharmaceuticals, agriculture, and others. Geographically, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA. In addition, the report highlights various factors that impact the market growth, such as key drivers, restraints, growth opportunities, and the role of key players. It presents the quantitative data, in terms of both value and volume, which are obtained from secondary sources, such as company publications, Factiva, Hoovers, OneSource, and others.
Global Bio-PLA Films Market Segmentation
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Technological advancements, such as multilayer films and atomic layer deposition (ALD), have led to the introduction of novel bio-PLA films with key characteristics. The aforementioned trend, increase in consumer awareness towards bio-based product usage, and government initiative supporting usage of these products are expected to present numerous opportunities for market expansion.
Bio-PLA Films Market Share, by Geography, 2016 (%)
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Top Investment Pockets
Pharmaceuticals and food & beverages segments are lucrative sectors for investment in the market, followed by the agriculture segment. In pharmaceuticals, the nontoxic and non-carcinogenic effects of polylactic acid on the human body make it an acceptable candidate for biopharmaceuticals application such as in sutures, clips, and drug delivery systems (DDS). In food & beverages, it is used in packaging systems such as form-fill-seal yogurt containers or coffee capsules that desire performance attributes such as compostability.
Top Investment Pocket, by End User
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Asia-Pacific bio-PLA Films Market Analysis
In 2016, Europe dominated the global bio PLA films market, in terms of both value and volume. However, Asia-Pacific is expected to witness the highest growth rate from 2017 to 2023, owing to the increase in product demand for food packaging and medical applications. In addition, surge in consumer awareness and government support towards use of environment-friendly products boost the growth, particularly in countries such as China, India, Japan, and Thailand.
Canada Bio-PLA Films Market Growth, 2016-2023 ($Million)
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The key players profiled in the report are NatureWorks LLC, Futerro, Tale & Lyle, Total Corbion PLA, Hiusan Biosciences, Toray Industries, Inc., Taghleef Industries, Amcor Ltd. Toyobo, and Avery Dennison Corporation.
The other major players (not profiled in report) in the market include Jiangsu Jiulding, Teijin, Synbra Technology B.V., Zhejiang Hisun Group Co., Ltd., Innovia Films, Biobag International, Mondi Group, and Plastic Union.
Key Benefits:
- This report provides an extensive analysis of the current and emerging market trends & dynamics of the global bio-PLA films market.
- Trend analysis for all the regions is done by constructing estimations for key segments from 2017 to 2023 to identify the prevailing opportunities.
- The report assists to understand the strategies adopted by the leading companies in the industry.
- It evaluates competitive landscape of the bio-PLA films industry to understand the global market scenario.
- Extensive analysis is conducted by key player positioning and monitoring the top competitors in the global market.
Bio-Polylactic Acid (PLA) Films Market Key Segmentation:
By Technology
- Sol-Gel
- Atomic Layer Deposition (ALD)
- Multilayer
By End User
- Food & Beverages
- Home & Personal Care
- Pharmaceuticals
- Agriculture
- Others
By Geography
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- Italy
- UK
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- Thailand
- Japan
- South Korea
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
CHAPTER 1 INTRODUCTION
1.1. REPORT DESCRIPTION
1.2. KEY BENEFITS FOR STAKEHOLDERS
1.3. KEY MARKET SEGMENTS
1.4. RESEARCH METHODOLOGY
1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools and models
CHAPTER 2 EXECUTIVE SUMMARY
2.1. CXO PERSPECTIVE
CHAPTER 3 MARKET OVERVIEW
3.1. MARKET DEFINITION AND SCOPE
3.2. KEY FINDINGS
3.2.1. Top investment pockets
3.2.2. Top winning strategies
3.3. MARKET DYNAMICS
3.3.1. Drivers
3.3.1.1. Positive Outlook for Food & Beverage Industry
3.3.1.2. Shifting Consumer Focus towards Bio-Based Packaging Products
3.3.1.3. Government Initiatives towards Use of Environment-Friendly Products
3.3.2. Restraints
3.3.2.1. High Production Cost as Compare to Synthetic Films
3.3.2.2. Low Mechanical Properties
3.3.3. Opportunities 3.3.3.1. Continuous Technological Advancements
3.4. MARKET SHARE ANALYSIS, 2016 (%)
3.5. PORTERS FIVE FORCES ANALYSIS
3.5.1. Bargaining power of suppliers
3.5.2. Bargaining power of buyers
3.5.3. Threat of new entrants
3.5.4. Threat of substitution
3.5.5. Intensity of competitive rivalry
CHAPTER 4 BIO POLYLACTIC ACID FILMS MARKET, BY TECHNOLOGY
4.1. OVERVIEW
4.1.1. Market size and forecast
4.2. Sol-Gel
4.2.1. Key market trends, growth factors, and opportunities
4.2.2. Market size and forecast
4.3. Atomic Layer Deposition
4.3.1. Key market trends, growth factors, and opportunities
4.3.2. Market size and forecast
4.4. Multilayer
4.4.1. Key market trends, growth factors, and opportunities
4.4.2. Market size and forecast
CHAPTER 5 BIO POLYLACTIC ACID FILMS MARKET, BY END-USER
5.1. OVERVIEW
5.1.1. Market size and forecast
5.2. Food & Beverages
5.2.1. Key market trends, growth factors, and opportunities
5.2.2. Market size and forecast
5.3. Home & Personal Care
5.3.1. Key market trends, growth factors, and opportunities
5.3.2. Market size and forecast
5.4. Pharmaceuticals
5.4.1. Key market trends, growth factors, and opportunities
5.4.2. Market size and forecast
5.5. Agriculture
5.5.1. Key market trends, growth factors, and opportunities
5.5.2. Market size and forecast
5.6. Others
5.6.1. Key market trends, growth factors, and opportunities
5.6.2. Market size and forecast
CHAPTER 6 BIO POLYLACTIC ACID FILMS MARKET, BY GEOGRAPHY
6.1. OVERVIEW
6.1.1. Market size and forecast
6.2. NORTH AMERICA
6.2.1. Key Market Trends, Growth Factors, and Opportunities
6.2.2. Market size and forecast
6.2.3. U.S.
6.2.3.1. Market size and forecast
6.2.4. Canada
6.2.4.1. Market size and forecast
6.2.5. Mexico
6.2.5.1. Market size and forecast
6.3. EUROPE
6.3.1. Key Market Trends, Growth Factors, and Opportunities
6.3.2. Market size and forecast
6.3.3. UK
6.3.3.1. Market size and forecast
6.3.4. Germany
6.3.4.1. Market size and forecast
6.3.5. France
6.3.5.1. Market size and forecast
6.3.6. Spain
6.3.6.1. Market size and forecast
6.3.7. Italy
6.3.7.1. Market size and forecast
6.3.8. Rest of Europe
6.3.8.1. Market size and forecast
6.4. ASIA-PACIFIC
6.4.1. Key Market Trends, Growth Factors, and Opportunities
6.4.2. Market size and forecast
6.4.3. China
6.4.3.1. Market size and forecast
6.4.4. Thailand
6.4.4.1. Market size and forecast
6.4.5. Japan
6.4.5.1. Market size and forecast
6.4.6. South Korea
6.4.6.1. Market size and forecast
6.4.7. Rest of Asia-Pacific
6.4.7.1. Market size and forecast
6.5. LAMEA
6.5.1. Key Market Trends, Growth Factors, and Opportunities
6.5.2. Market size and forecast
6.5.3. Latin America
6.5.3.1. Market size and forecast
6.5.4. Middle East
6.5.4.1. Market size and forecast
6.5.5. Africa
6.5.5.1. Market size and forecast
CHAPTER 7 COMPANY PROFILES
7.1. NatureWorks LLC
7.1.1. Company overview
7.1.2. Operating business segments
7.1.3. Business performance
7.1.4. Key strategies and developments
7.2. Futerro
7.2.1. Company overview
7.2.2. Operating business segments
7.2.3. Business performance
7.2.4. Key strategies and developments
7.3. Tale & Lyle
7.3.1. Company overview
7.3.2. Operating business segments
7.3.3. Business performance
7.3.4. Key strategies and developments
7.4. Total Corbion PLA
7.4.1. Company overview
7.4.2. Operating business segments
7.4.3. Business performance
7.4.4. Key strategies and developments
7.5. Hiusan Biosciences
7.5.1. Company overview
7.5.2. Operating business segments
7.5.3. Business performance
7.5.4. Key strategies and developments
7.6. Toray Industries, Inc.
7.6.1. Company overview
7.6.2. Operating business segments
7.6.3. Business performance
7.6.4. Key strategies and developments
7.7. Taghleef Industries
7.7.1. Company overview
7.7.2. Operating business segments
7.7.3. Business performance
7.7.4. Key strategies and developments
7.8. Amcor Ltd.
7.8.1. Company overview
7.8.2. Operating business segments
7.8.3. Business performance
7.8.4. Key strategies and developments
7.9. Toyobo Co, Ltd.
7.9.1. Company overview
7.9.2. Operating business segments
7.9.3. Business performance
7.9.4. Key strategies and developments
7.10. Avery Dennison Corporation
7.10.1. Company overview
7.10.2. Operating business segments
7.10.3. Business performance
7.10.4. Key strategies and developments
LIST OF TABLES
TABLE 1. GLOBAL BIO POLYLACTIC ACID FILMS MARKET VOLUME, BY TECHNOLOGY, 2016-2023 (KILOTONS)
TABLE 2. GLOBAL BIO POLYLACTIC ACID FILMS MARKET REVENUE, BY TECHNOLOGY, 2016-2023 ($MILLION)
TABLE 3. BIO POLYLACTIC ACID FILMS MARKET VOLUME FOR SOL-GEL, BY GEOGRAPHY, 2016-2023 (KILOTONS)
TABLE 4. BIO POLYLACTIC ACID FILMS MARKET REVENUE FOR SOL-GEL, BY GEOGRAPHY, 2016-2023 ($MILLION)
TABLE 5. BIO POLYLACTIC ACID FILMS MARKET VOLUME FOR ATOMIC LAYER DEPOSITION, BY GEOGRAPHY, 2016-2023 (KILOTONS)
TABLE 6. BIO POLYLACTIC ACID FILMS MARKET REVENUE FOR ATOMIC LAYER DEPOSITION, BY GEOGRAPHY, 2016-2023 ($MILLION)
TABLE 7. BIO POLYLACTIC ACID FILMS MARKET VOLUME FOR MULTILAYER, BY GEOGRAPHY, 2016-2023 (KILOTONS)
TABLE 8. BIO POLYLACTIC ACID FILMS MARKET REVENUE FOR MULTILAYER, BY GEOGRAPHY, 2016-2023 ($MILLION)
TABLE 9. GLOBAL BIO POLYLACTIC ACID FILMS MARKET VOLUME, BY END-USER, 2016-2023 (KILOTONS)
TABLE 10. GLOBAL BIO POLYLACTIC ACID FILMS MARKET REVENUE, BY END-USER, 2016-2023 ($MILLION)
TABLE 11. BIO POLYLACTIC ACID FILMS MARKET VOLUME FOR FOOD & BEVERAGES, BY GEOGRAPHY, 2016-2023 (KILOTONS)
TABLE 12. BIO POLYLACTIC ACID FILMS MARKET REVENUE FOR FOOD & BEVERAGES, BY GEOGRAPHY, 2016-2023 ($MILLION)
TABLE 13. BIO POLYLACTIC ACID FILMS MARKET VOLUME FOR HOME & PERSONAL CARE, BY GEOGRAPHY, 2016-2023 (KILOTONS)
TABLE 14. BIO POLYLACTIC ACID FILMS MARKET REVENUE FOR HOME & PERSONAL CARE, BY GEOGRAPHY, 2016-2023 ($MILLION)
TABLE 15. BIO POLYLACTIC ACID FILMS MARKET VOLUME FOR PHARMACEUTICALS, BY GEOGRAPHY, 2016-2023 (KILOTONS)
TABLE 16. BIO POLYLACTIC ACID FILMS MARKET REVENUE FOR PHARMACEUTICALS, BY GEOGRAPHY, 2016-2023 ($MILLION)
TABLE 17. BIO POLYLACTIC ACID FILMS MARKET VOLUME FOR AGRICULTURE, BY GEOGRAPHY, 2016-2023 (KILOTONS)
TABLE 18. BIO POLYLACTIC ACID FILMS MARKET REVENUE FOR AGRICULTURE, BY GEOGRAPHY, 2016-2023 ($MILLION)
TABLE 19. BIO POLYLACTIC ACID FILMS MARKET VOLUME FOR OTHERS, BY GEOGRAPHY, 2016-2023 (KILOTONS)
TABLE 20. BIO POLYLACTIC ACID FILMS MARKET VOLUME, BY GEOGRAPHY, 2016-2023 (KILOTONS)
TABLE 21. BIO POLYLACTIC ACID FILMS MARKET REVENUE, BY GEOGRAPHY, 2016-2023 ($MILLION)
TABLE 22. NORTH AMERICA BIO POLYLACTIC ACID FILMS MARKET VOLUME, BY TECHNOLOGY, 2016-2023 (KILOTONS)
TABLE 23. NORTH AMERICA BIO POLYLACTIC ACID FILMS MARKET REVENUE, BY TECHNOLOGY, 2016-2023 ($MILLION)
TABLE 24. NORTH AMERICA BIO POLYLACTIC ACID FILMS MARKET VOLUME, BY END-USER, 2016-2023 (KILOTONS)
TABLE 25. NORTH AMERICA BIO POLYLACTIC ACID FILMS MARKET REVENUE, BY END-USER, 2016-2023 ($MILLION)
TABLE 26. NORTH AMERICA BIO POLYLACTIC ACID FILMS MARKET VOLUME, BY COUNTRY, 2016-2023 (KILOTONS)
TABLE 27. NORTH AMERICA BIO POLYLACTIC ACID FILMS MARKET REVENUE, BY COUNTRY, 2016-2023 ($MILLION)
TABLE 28. U.S. BIO POLYLACTIC ACID FILMS MARKET VOLUME, BY END-USER, 2016-2023 (KILOTONS)
TABLE 29. U.S. BIO POLYLACTIC ACID FILMS MARKET REVENUE, BY END-USER, 2016-2023 ($MILLION)
TABLE 30. CANADA BIO POLYLACTIC ACID FILMS MARKET VOLUME, BY END-USER, 2016-2023 (KILOTONS)
TABLE 31. CANADA BIO POLYLACTIC ACID FILMS MARKET REVENUE, BY END-USER, 2016-2023 ($MILLION)
TABLE 32. MEXICO BIO POLYLACTIC ACID FILMS MARKET VOLUME, BY END-USER, 2016-2023 (KILOTONS)
TABLE 33. MEXICO BIO POLYLACTIC ACID FILMS MARKET REVENUE, BY END-USER, 2016-2023 ($MILLION)
TABLE 34. EUROPE BIO POLYLACTIC ACID FILMS MARKET VOLUME, BY TECHNOLOGY, 2016-2023 (KILOTONS)
TABLE 35. EUROPE BIO POLYLACTIC ACID FILMS MARKET REVENUE, BY TECHNOLOGY, 2016-2023 ($MILLION)
TABLE 36. EUROPE BIO POLYLACTIC ACID FILMS MARKET VOLUME, BY END-USER, 2016-2023 (KILOTONS)
TABLE 37. EUROPE BIO POLYLACTIC ACID FILMS MARKET REVENUE, BY END-USER, 2016-2023 ($MILLION)
TABLE 38. EUROPE BIO POLYLACTIC ACID FILMS MARKET VOLUME, BY COUNTRY, 2016-2023 (KILOTONS)
TABLE 39. EUROPE BIO POLYLACTIC ACID FILMS MARKET REVENUE, BY COUNTRY, 2016-2023 ($MILLION)
TABLE 40. UK BIO POLYLACTIC ACID FILMS MARKET VOLUME, BY END-USER, 2016-2023 (KILOTONS)
TABLE 41. UK BIO POLYLACTIC ACID FILMS MARKET REVENUE, BY END-USER, 2016-2023 ($MILLION)
TABLE 42. GERMANY BIO POLYLACTIC ACID FILMS MARKET VOLUME, BY END-USER, 2016-2023 (KILOTONS)
TABLE 43. GERMANY BIO POLYLACTIC ACID FILMS MARKET REVENUE, BY END-USER, 2016-2023 ($MILLION)
TABLE 44. FRANCE BIO POLYLACTIC ACID FILMS MARKET VOLUME, BY END-USER, 2016-2023 (KILOTONS)
TABLE 45. FRANCE BIO POLYLACTIC ACID FILMS MARKET REVENUE, BY END-USER, 2016-2023 ($MILLION)
TABLE 46. SPAIN BIO POLYLACTIC ACID FILMS MARKET VOLUME, BY END-USER, 2016-2023 (KILOTONS)
TABLE 47. SPAIN BIO POLYLACTIC ACID FILMS MARKET REVENUE, BY END-USER, 2016-2023 ($MILLION)
TABLE 48. ITALY BIO POLYLACTIC ACID FILMS MARKET VOLUME, BY END-USER, 2016-2023 (KILOTONS)
TABLE 49. ITALY BIO POLYLACTIC ACID FILMS MARKET REVENUE, BY END-USER, 2016-2023 ($MILLION)
TABLE 50. REST OF EUROPE BIO POLYLACTIC ACID FILMS MARKET VOLUME, BY END-USER, 2016-2023 (KILOTONS)
TABLE 51. REST OF EUROPE BIO POLYLACTIC ACID FILMS MARKET VOLUME, BY END-USER, 2016-2023 ($MILLION)
TABLE 52. ASIA-PACIFIC BIO POLYLACTIC ACID FILMS MARKET VOLUME, BY TECHNOLOGY, 2016-2023 (KILOTONS)
TABLE 53. ASIA-PACIFIC BIO POLYLACTIC ACID FILMS MARKET REVENUE, BY TECHNOLOGY, 2016-2023 ($MILLION)
TABLE 54. ASIA-PACIFIC BIO POLYLACTIC ACID FILMS MARKET VOLUME, BY END-USER, 2016-2023 (KILOTONS)
TABLE 55. ASIA-PACIFIC BIO POLYLACTIC ACID FILMS MARKET REVENUE, BY END-USER, 2016-2023 ($MILLION)
TABLE 56. ASIA-PACIFIC BIO POLYLACTIC ACID FILMS MARKET VOLUME, BY COUNTRY, 2016-2023 (KILOTONS)
TABLE 57. ASIA-PACIFIC BIO POLYLACTIC ACID FILMS MARKET REVENUE, BY COUNTRY, 2016-2023 ($MILLION)
TABLE 58. CHINA BIO POLYLACTIC ACID FILMS MARKET VOLUME, BY END-USER, 2016-2023 (KILOTONS)
TABLE 59. CHINA BIO POLYLACTIC ACID FILMS MARKET REVENUE, BY END-USER, 2016-2023 ($MILLION)
TABLE 60. THAILAND BIO POLYLACTIC ACID FILMS MARKET VOLUME, BY END-USER, 2016-2023 (KILOTONS)
TABLE 61. THAILAND BIO POLYLACTIC ACID FILMS MARKET REVENUE, BY END-USER, 2016-2023 ($MILLION)
TABLE 62. JAPAN BIO POLYLACTIC ACID FILMS MARKET VOLUME, BY END-USER, 2016-2023 (KILOTONS)
TABLE 63. JAPAN BIO POLYLACTIC ACID FILMS MARKET REVENUE, BY END-USER, 2016-2023 ($MILLION)
TABLE 64. SOUTH KOREA BIO POLYLACTIC ACID FILMS MARKET VOLUME, BY END-USER, 2016-2023 (KILOTONS)
TABLE 65. SOUTH KOREA BIO POLYLACTIC ACID FILMS MARKET REVENUE, BY END-USER, 2016-2023 ($MILLION)
TABLE 66. REST OF ASIA-PACIFIC BIO POLYLACTIC ACID FILMS MARKET VOLUME, BY END-USER, 2016-2023 (KILOTONS)
TABLE 67. REST OF ASIA-PACIFIC BIO POLYLACTIC ACID FILMS MARKET REVENUE, BY END-USER, 2016-2023 ($MILLION)
TABLE 68. LAMEA BIO POLYLACTIC ACID FILMS MARKET VOLUME, BY TECHNOLOGY, 2016-2023 (KILOTONS)
TABLE 69. LAMEA BIO POLYLACTIC ACID FILMS MARKET REVENUE, BY TECHNOLOGY, 2016-2023 ($MILLION)
TABLE 70. LAMEA BIO POLYLACTIC ACID FILMS MARKET VOLUME, BY END-USER, 2016-2023 (KILOTONS)
TABLE 71. LAMEA BIO POLYLACTIC ACID FILMS MARKET REVENUE, BY END-USER, 2016-2023 ($MILLION)
TABLE 72. LAMEA BIO POLYLACTIC ACID FILMS MARKET VOLUME, BY COUNTRY, 2016-2023 (KILOTONS)
TABLE 73. LAMEA BIO POLYLACTIC ACID FILMS MARKET REVENUE, BY COUNTRY, 2016-2023 ($MILLION)
TABLE 74. LATIN AMERICA BIO POLYLACTIC ACID FILMS MARKET VOLUME, BY END-USER, 2016-2023 (KILOTONS)
TABLE 76. LATIN AMERICA BIO POLYLACTIC ACID FILMS MARKET REVENUE, BY END-USER, 2016-2023 ($MILLION)
TABLE 77. MIDDLE EAST BIO POLYLACTIC ACID FILMS MARKET VOLUME, BY END-USER, 2016-2023 (KILOTONS)
TABLE 78. MIDDLE EAST BIO POLYLACTIC ACID FILMS MARKET REVENUE, BY END-USER, 2016-2023 ($MILLION)
TABLE 79. AFRICA BIO POLYLACTIC ACID FILMS MARKET VOLUME, BY END-USER, 2016-2023 (KILOTONS)
TABLE 80. AFRICA BIO POLYLACTIC ACID FILMS MARKET REVENUE, BY END-USER, 2016-2023 ($MILLION)
TABLE 81. NATUREWORKS LLC: COMPANY SNAPSHOT
TABLE 82. NATUREWORKS LLC: OPERATING SEGMENTS
TABLE 83. FUTERRO: COMPANY SNAPSHOT
TABLE 84. FUTERRO: OPERATING SEGMENTS
TABLE 85. TALE & LYLE: COMPANY SNAPSHOT
TABLE 86. TALE & LYLE: OPERATING SEGMENTS
TABLE 87. TOTAL CORBION PLA: COMPANY SNAPSHOT
TABLE 88. TOTAL CORBION PLA: OPERATING SEGMENTS
TABLE 89. HIUSAN BISCIENCES: COMPANY SNAPSHOT
TABLE 90. HIUSAN BISCIENCES: OPERATING SEGMENTS
TABLE 91. TORAY INDUSTRIES, INC.: COMPANY SNAPSHOT
TABLE 92. TORAY INDUSTRIES, INC.: OPERATING SEGMENTS
TABLE 93. TAGHLEEF INDUSTRIES: COMPANY SNAPSHOT
TABLE 94. TAGHLEEF INDUSTRIES: OPERATING SEGMENTS
TABLE 95. AMCOR LTD.: COMPANY SNAPSHOT
TABLE 96. AMCOR LTD.: OPERATING SEGMENTS
TABLE 97. TOYOBO CO., LTD.: COMPANY SNAPSHOT
TABLE 98. TOYOBO CO., LTD.: OPERATING SEGMENTS
TABLE 99. AVERY DENNISON CORPORATION: COMPANY SNAPSHOT
TABLE 100. AVERY DENNISON CORPORATION: OPERATING SEGMENTS
LIST OF FIGURES
FIGURE 1. GLOBAL BIO POLYLACTIC ACID FILMS MARKET SEGMENTATION
FIGURE 2. GLOBAL BIO POLYLACTIC ACID FILMS MARKET SIZE, 2016-2023 (KILOTONS/$MILLION)
FIGURE 3. GLOBAL BIO POLYLACTIC ACID FILMS MARKET, REVENUE SHARE, TECHNOLOGY, 2016
FIGURE 4. GLOBAL BIO POLYLACTIC ACID FILMS MARKET, REVENUE SHARE, BY END-USER, 2016
FIGURE 5. GLOBAL BIO POLYLACTIC ACID FILMS MARKET, REVENUE SHARE, BY GEOGRAPHY, 2016
FIGURE 6. TOP INVESTMENT POCKETS
FIGURE 7. TOP WINNING STRATEGIES, 2012-2016 (%)
FIGURE 8. TOP WINNING STRATEGIES, BY KEY COMPANY (2012-2016)
FIGURE 9. TOP WINNING STRATEGIES, BY YEAR (2012-2016)
FIGURE 10. BARGAINING POWER OF SUPPLIERS
FIGURE 11. BARGAINING POWER OF BUYERS
FIGURE 12. THREAT OF NEW ENTRANTS
FIGURE 13. THREAT OF SUBSTITUTION
FIGURE 14. INTENSITY OF COMPETITIVE RIVALRY
FIGURE 15. U.S. BIO POLYLACTIC ACID FILMS MARKET SIZE, 2016-2023
FIGURE 16. CANADA BIO POLYLACTIC ACID FILMS MARKET SIZE, 2016-2023
FIGURE 17. MEXICO BIO POLYLACTIC ACID FILMS MARKET SIZE, 2016-2023
FIGURE 18. UK BIO POLYLACTIC ACID FILMS MARKET SIZE, 2016-2023
FIGURE 19. GERMANY BIO POLYLACTIC ACID FILMS MARKET SIZE, 2016-2023
FIGURE 20. FRANCE BIO POLYLACTIC ACID FILMS MARKET SIZE, 2016-2023
FIGURE 21. SPAIN BIO POLYLACTIC ACID FILMS MARKET SIZE, 2016-2023
FIGURE 22. ITALY BIO POLYLACTIC ACID FILMS MARKET SIZE, 2016-2023
FIGURE 23. REST OF EUROPE BIO POLYLACTIC ACID FILMS MARKET SIZE, 2016-2023
FIGURE 24. CHINA BIO POLYLACTIC ACID FILMS MARKET SIZE, 2016-2023
FIGURE 25. THAILAND BIO POLYLACTIC ACID FILMS MARKET SIZE, 2016-2023
FIGURE 26. JAPAN BIO POLYLACTIC ACID FILMS MARKET SIZE, 2016-2023
FIGURE 27. SOUTH KOREA BIO POLYLACTIC ACID FILMS MARKET SIZE, 2016-2023
FIGURE 28. REST OF ASIA-PACIFIC BIO POLYLACTIC ACID FILMS MARKET SIZE, 2016-2023
FIGURE 29. LATIN AMERICA BIO POLYLACTIC ACID FILMS MARKET SIZE, 2016-2023
FIGURE 30. MIDDLE EAST BIO POLYLACTIC ACID FILMS MARKET SIZE, 2016-2023
FIGURE 31. AFRICA BIO POLYLACTIC ACID FILMS MARKET SIZE, 2016-2023
PLA is widely used in many day-to-day applications, such as food packing (including food trays, tableware such as plates and cutlery, water bottles, candy wraps, and cups). Although PLA has one of the highest heat resistances and mechanical strengths of all bio-based polymers, it is still not suitable for use in electronic devices and other engineering applications. In 2016, the food & beverages segment accounted for one-third share of the global market, and is expected to witness a healthy growth rate, registering a CAGR of 15.3% during the forecast period.
Based on technology, the atomic layer deposition (ALD) and multilayer segments are expected to witness the highest growth rates, registering CAGRs of 15.0% and 14.6%, respectively, during the forecast period. In 2016, the multilayer segment accounted for a major share, and the trend is expected to continue throughout the forecast period. Multilayer films are widely preferred in the industry owing to its ability to serve commercial applications in dry snacks, nuts, spices, and dried fruits packaging.
Asia-Pacific is the fastest growing market for bio-PLA films, in terms of both revenue and volume. China dominated the Asia-Pacific bio-PLA films market in 2016, in terms of both value and volume. The region is expected to witness excellent growth on account of rapid growth in the food & beverage and pharmaceuticals industries and a rise in consumer inclination towards environmental-friendly products. Furthermore, supportive government policies in countries, such as China and India, and heavy inflow of foreign investments are anticipated to boost the market in the near future.
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